Bitcoin finding support, will we drop or bounce?

Bitcoin finding support. I've decided to re-enter here with a stop loss under previous support based on indicators showing oversold and we have stalled at this level. Price testing .618 fib levels is my preferred buy-in given we have some higher lows recently. Bearish argument also due to lower highs. There's always an element of risk, market could drop further hence my stop loss. Not financial advice folks, just sharing my thing here. Would love to hear other opinions and feedback.

Note

Still holding my position waiting for price to top out.. we have strong resistance at just under $6800. Will be interesting to see if we can break this for a higher high or retrace back down.

fxtraderanthony

👀 👉 Check Out Our BUY/SELL SIGNALS INDICATORS:
🚀🔗 youtu.be/MG-sBko3SNU 🔥
GROW YOUR ACC- 7 Day FREE Trial:
🚀🔗 anthonyborn.com/join-vip🔥
👀 👉 Join Our Free TELEGRAM:
🔗 t.me/anthonys_forex 🔥

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

fxtraderanthony

Also on: